This is voltage required to run this product.
Both Australian and New Zealand along with many other countries all run on a 240 Volt system.
For safety reason all products that are hard wired into 240v power, such as light fittings and ceiling fans, must be installed by a qualified electrician.
Voltage is defined as a representation of the electric potential energy per unit charge. If a unit of electrical charge were placed in a location, the voltage indicates the potential energy of it at that point. In other words, it is a measurement of the energy contained within an electric field, or an electric circuit, at a given point.